06.03.2013 - Brazil may overtake US as top Soybeans supplier by 2018
Although US soybean farmers have grown in the past five years, the industry will continue to face revenue and profit pressures from international operators, with Brazil expected to overtake the United States as the top provider of soybeans in the next five years. For these reasons, industry research firm IBISWorld has added a report on the soybean farming industry. ďA surge in South American inventory is responsible for the United States experiencing a steadily declining share of global exports. The 2012 drought has also reduced the supply of soybeans, with US exports falling 7.1% for the year...............................................Full Article: Source
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